(1) The Authority must, at least once in each financial year
(a) assess the degree to which the forest practices system is self-funding and self-regulating; and
(b) assess the implementation and effectiveness of a representative sample of forest practices plans.
(2) The Authority must, as soon as practicable after completing the assessment, prepare a report of its findings.
(3) The report prepared under subsection (2) in respect of a financial year is to be included in the annual report of the Authority for the same financial year.